Fostering Global Innovation: Strategies for Japanese Entrepreneurs and Business Ecosystems

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Main author: Yoshida, Kentaro
Format: Monographs and Working Papers           
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id eprints-42880
recordtype eprints
institution SOAS, University of London
collection SOAS Research Online
language English
language_search English
description This paper explores strategies for fostering global innovation among Japanese entrepreneurs by addressing key challenges within Japan's entrepreneurial environment. The prolonged economic stagnation, commonly referred to as the "Lost Decades," has contributed to a low level of entrepreneurial activity and innovation. This study employs a mixed-methods approach, combining qualitative and quantitative data from three case studies of Japanese small and medium-sized enterprises (SMEs) operating overseas. The findings highlight the importance of entrepreneurial education, the formation of regional industrial clusters, and the utilization of both domestic and international networks to enhance global competitiveness. The role of aspiration, defined as ambitions related to growth, international expansion, and social value creation, is identified as a critical factor in achieving innovation. Policy recommendations are provided to support the development of a sustainable entrepreneurial ecosystem in Japan, emphasizing government support, cross-border collaboration, and knowledge sharing to overcome structural barriers and promote a culture that encourages entrepreneurial endeavors.
format Monographs and Working Papers
author Yoshida, Kentaro
author_facet Yoshida, Kentaro
authorStr Yoshida, Kentaro
author_letter Yoshida, Kentaro
title Fostering Global Innovation: Strategies for Japanese Entrepreneurs and Business Ecosystems
publisher SOAS University of London. Japan Research Centre. Discussion Paper No.5
publishDate 2025
url https://eprints.soas.ac.uk/42880/

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